Freehold and the Law

The kingdom of Bahrain has long been home to a large expatriate community, with expats mainly heralding from the UK, Europe and the US. Expatriates living in Bahrain generally enjoy an incredibly high standard of living, complete tax free income and an inimitably luxury lifestyle. Bahrain has well established luxury real restate market; and recent changes to legislation (Royal Decree 43 year 2003) allowing for foreign freehold ownership of property in Bahrain has created a surge of investor and business interest in the Kingdom. Working hard to diversify its economy by focusing in five main business areas, namely business and finance, tourism, information technology, healthcare and education and telecom has resulted in many more multinational companies having established their bases in the Kingdom.